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Google earning set bottom for TECH?


Stock has now surged almost 18% afterhour

So far besides GE's disappointing earning everyone else seems to do fine.

Is it now the time to jump back in stocks since we might have already bottomed?

Trying to find the bottom is a bad strategy. You never will know that you hit the bottom until the market has gone up and stayed up for awhile. I have had times where I made a guess about the bottom and was wrong. The stocks went down even more. Then there were times where stocks went down, went up slightly and I waited for it to come back down but it never did.

So with timing the market, you can miss the bus. SO I invest when I feel it is a good deal. I was losing 6 months ago and I keep putting more and more money in. I can sleep well at night knowing I got great companies for cheap because I will be rewarded later on.

So for me, I would rather buy a low GE who generates a ton of cash than paying high for GOOG.

Just me though. I like owning leaders who are currently unpopular.

you bet ye.

The Long and the Short of it is that it is always a good time to jump in !?!?!?
(every once in a while I just have to be a smartass).

Some companies manage earnings. And Google does it quite well.

I NEVER completely exited. I ALWAYS maintained at least one position.

As far what will happen tomorrow and throughout this earnings announcement season, your analysis and educated guess are just about as good - or bad - as anyone else.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

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